Singapore Stock Market News
OKP Holdings - Weak outlook ahead
StockFanatic
Publish date: Tue, 30 Jul 2013, 01:51 PM
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* OKP's 2Q13 below; gross margin collapsed 16ppts on
higher subcontracting costs and low margin work
* Gross margins to remain depressed for at least
another quarter; weak visibility for project wins
* Cut FY13F/14F earnings by 42%/12%
* Maintain Fully Valued with lower TP of S$0.35
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